Meghna Infracon Infrastructure Balance Sheet Health
Financial Health criteria checks 4/6
Meghna Infracon Infrastructure has a total shareholder equity of ₹172.8M and total debt of ₹23.4M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ₹140.3M and ₹8.3M respectively.
Key information
13.6%
Debt to equity ratio
₹23.42m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.28m |
| Equity | ₹172.80m |
| Total liabilities | ₹8.35m |
| Total assets | ₹140.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538668's short term assets (₹103.7M) exceed its short term liabilities (₹8.4M).
Long Term Liabilities: 538668's short term assets (₹103.7M) do not cover its long term liabilities (₹-1,000.0).
Debt to Equity History and Analysis
Debt Level: 538668's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 538668's debt to equity ratio has reduced from 157.5% to 13.6% over the past 5 years.
Debt Coverage: 538668's debt is well covered by operating cash flow (479.7%).
Interest Coverage: Insufficient data to determine if 538668's interest payments on its debt are well covered by EBIT.